Atlas Copco (OTCMKTS:ATLKY) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Atlas Copco AB (OTCMKTS:ATLKY)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.07 and traded as low as $16.31. Atlas Copco shares last traded at $16.36, with a volume of 149,906 shares traded.

Atlas Copco Stock Down 0.2 %

The company’s 50 day simple moving average is $17.89 and its 200-day simple moving average is $18.07. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.02.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a net margin of 16.37% and a return on equity of 29.43%. The business had revenue of $4.14 billion for the quarter. On average, sell-side analysts predict that Atlas Copco AB will post 0.57 earnings per share for the current fiscal year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.